Jobs cuts announced by U.S. firms climbed 39% last month, data shows. Job cuts soared in August, offering the latest evidence of a slowdown in the labor market as some economists warn of a possible ...
• The latest employment snapshot from the Bureau of Labor Statistics paints a bleak picture of the current state of the economy under President Donald Trump. • Labor market deterioration: Just 22,000 ...
U.S. hiring slowed further in August as President Donald Trump’s aggressive trade, immigration and federal layoff policies took a widening toll on a rapidly softening labor market. Employers added a ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
Companies in the private sector added 54,000 jobs in August, payroll processing firm ADP said Thursday. The figure is below economists’ estimates of a gain of 65,000 jobs and down sharply from the ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
U.S. job growth fell far short of consensus expectations in August, offering another sign that the labor market is cooling and making it more likely that Federal Reserve officials will cut interest ...
Stephen Wisnefski is the Executive Editor of News at Investopedia. He has more than two decades of experience as a journalist and newsroom leader, including 25 years at Dow Jones and The Wall Street ...
The Bureau of Labor Statistics (BLS) on Friday will deliver its first jobs report since President Trump fired its leader in response to disappointing employment data ...
Layoffs surged nearly 40 percent last month, with employers eliminating 85,979 positions — the largest August hit since the height of the COVID-19 pandemic in 2020, according to research released ...
The US-Mexico border saw a significant jump in border crossings in August — fueled by illegal migrants deported under President Trump’s immigration crackdown trying to sneak back into the country, ...